PayPal support is coming to Samsung Pay

18 July, 2017, 00:29 | Author: Alicia Barber
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Some users will appreciate being able to select PayPal as their payment option; and Samsung Pay is now being supported in BrainTree Direct, PayPal's payments service for online merchants, which means more merchants will be able to accept Samsung's mobile payments.

Samsung Pay wants to be a one-stop shop for all payment options, and for those who use PayPal on a regular basis, that base is now covered.

Samsung said it would begin the Samsung Pay service using PayPal first in the U.S. before gradually expanding it to other global markets. In addition to the US, Samsung Pay is now available in 17 more markets, including South Korea, China, Russia, India, Spain, Australia, Brazil, Switzerland, Hong Kong, or the United Kingdom. After that, you can make payments directly through your PayPal wallet.

PayPal and Samsung Pay have been forging a strong partnership since they worked together almost three years ago to enable mobile payments with just a fingerprint. The company has confirmed support for PayPal within Samsung Pay will be made available in the United States first. Samsung Knox security backs Samsung Pay, which is a high level of security concerning secure ecosystem for PayPal.

Customers will be able to use their Samsung Pay to access and use their PayPal wallet, letting them make a payment in millions of stores. Even though Android Pay brought PayPal support earlier than Samsung Pay but the latter is more popular as a payment service.

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The service is likely to start as early as this year with Samsung eyeing expansion into other countries.

This move of Samsung and PayPal is profitable for both the companies.

PayPal and Samsung have had a strong partnership for several years now. In other words, users can access their PayPal wallet right inside Samsung's app and spend the balance in places where they couldn't before. In case users lose their phones, the FMM (Find My Mobile) feature enables users to lock Samsung Pay remotely with a preset password. THis new addition will add one more jewel to the Samsung Pay's crown.

"The partnership will help provide customers with various mobile payment services", said Rhee In-jong, the chief technology officer of Samsung's Mobile Communication Business.



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